INGOT COIN | Review Part 4

INGOT COIN Features and benefits

Ingot Coin is a decentralized ecosystem aimed at bridging the gap between the crypto market and the traditional and financial markets. This platform will solve the different issues of the existing markets while also promoting trusts . In my previous article HERE, I have stated the 6 major components of this ecosystem and in this particular piece I will be shedding more light on what they offer.

INGOT COIN Wallet

IC Wallet is a decentralized cryptocurrency wallet which is based on the blockchain and encrypted using cryptographic technology. This wallet has been developed to allow for safe storage, transfer and receiving of cryptocurrencies and fiat.

That is not all however, the IC ecosystem consist of a digital bank and an exchange. The exchange as well as the digital bank requires easy access and management of funds. The IC wallet makes this possible. Through the IC wallet cryptocurrency funds can be easily managed and fiats can easily be deposited into the digital bank for proper management.

This is a multi currency wallet with a lot of amazing features, all of which have been stated in the IC project whitepaper.

INGOT COIN Exchange

The IC ecosystem is a largely interwoven and interconnected ecosystem and no component typifies this better than the IC exchange. The IC exchange is connected to the IC wallet, IC ICO accelerator, IC brokerage and the IC digital bank.

This is not the typical cryptocurrency of financial exchange as it allows its users to trade interchangeably between any markets of their choosing. With IC exchange, traders can now trade between the following trading pairs;

1. Fiat VS Fiat

2. Crypto VS Fiat

3. Crypto VS Crypto

4. Crypto VS Traditional

5. Traditional VS Fiat

Unlike the present systems where the crypto market lacks liquidity and a feasible exit strategy that works, cryptocurrency traders who needs to liquefy their holdings can now trade their cryptocurrencies directly for fiat on the same exchange in which they trade for other crypto pairs, also they can now purchase traditional commodities on the traditional market in a open and easy to use platform, unlike the present way of things where there are high entry barriers into the traditional markets.

The IC exchange is also integrated with a lot of other ground-breaking features that will ensure a better user experience for the traders. some of this features includes an inventive order matching system, and a liquid order book.

The Token

Token Summary The Exchange will charge a preferred rate on all transactions paid by our coin, compared to payments done by other major cryptocurrencies or fiat currencies.

INGOT will distribute coin dividends once the company is mature and profitable. This increases the attractiveness of the coin in the initial phases and in the long run.

The maximum number of tokens that will be distributed will be 120,000,000 IC. In case tokens were not all sold once all the ICO ends, all unsold tokens will enter a burning program as per the smart contract.

Conclusion

The Ingot Coin ecosystem is a true revolution inspired through the blockchain and has the potential to revolutionize all the markets in question. This is, however, an introduction of the project, and in my next article, I will be shedding more light on the components and the features put in place to make the platform a success, so stay tuned.

This article is not written to serve as an investment advice, so always do your own research. Below are the official links to the project website, whitepaper and official social media communities.